Prudential International Products

Dublin based Prudential International provide access to three tax efficient and flexible offshore products that each provide access to a wide range of funds from both Prudential and other leading fund managers.

Benefits
  • bullet Option to invest in the International Portfolio Bond, Prudential International Investment Bond, Prudential International Investment Portfolio.
  • bullet Tax efficient products with the option to defer tax until they are fully cashed in.
  • bullet Wide choice of risk-rated funds from Prudential and other leading fund managers. The choice of funds available will vary depending on which product you invest in.
  • bullet You can invest and take withdrawals with easy access to your money to suit your needs
Risks and considerations
  • bullet This product is only available through a financial adviser.
  • bullet The value of your investment can go down as well as up and you may not get back the amount you put in.
  • bullet Making withdrawals from the Plan and/or the application of charges will reduce the value of your investment.
  • bullet The tax you pay will depend on your individual circumstances and is subject to change in the future.

Speak to a Financial Adviser

Call your financial adviser to top up, change investment funds , make withdrawals, any other changes or to find out about your bond.

For contact us details please see relevant product tab above.

The International Portfolio Bond - Lives Assured is a single premium, whole of life investment bond which offers the potential for growth and provides a small benefit on death.

The International Portfolio Bond – Capital Redemption is a single premium investment bond, which offers the potential for growth and provides a benefit at the end of 99 years if it is not cashed in before then.

It offers different ways for you to take tax-efficient withdrawals, to suit your needs now and throughout the lifetime of the bond. There are a range of investment options to match different attitudes to risk and your financial adviser will recommend the right option for you.

This product is provided by Prudential International who are based in Dublin so they offer flexibility along with a wide range of investment choice. Investments with Prudential International grow largely free from tax which could result in a potentially higher return than investments in UK-based funds.

Please note that this isn’t guaranteed and there is the potential that you might not get back the amount you put in.

What is Offshore?

Offshore is a common term that is used to describe a range of locations where companies can offer customers growth on their funds that is largely free from tax. This includes "true offshore" locations such as the Channel Islands and Isle of Man, and other locations such as Dublin - where Prudential International is registered. Tax treatment can vary from one type of investment to another, and from one market and location to another.

Offshore products are perhaps most commonly thought of as offering tax advantages for higher rate tax payers but there are also a number of other aspects that potentially make them attractive for a wide range of customers.

  • You can start investing – with a minimum initial investment of £20,000 into your bond and £5,000 for additional investments (top-ups).
  • There is a wide range of investments to choose from - you'll have access to a wide range of investment options to suit your investment style and appetite for risk. This includes:

 - our PruFund range of funds.

 - hundreds of collective funds from a wide variety of fund management groups.

If you want more information on what investment options are available to you, you can explore our full range of funds and download our factsheets.

It’s also important that you regularly review your investments so that you get the best out of your plan.

Your financial adviser can explain the fund options to you and what to consider.

  • Flexible options for withdrawing your money – you can take regular or one-off  withdrawals from your bond.  The minimum amount for any type of withdrawal payment is £50.  Depending on which method you choose, there can be different tax implications. You can find details of withdrawals and the tax implications in the relevant Key Features Document.
  • Inheritance tax planning options – with a wide range of trust options available for use with the Prudential International products.

An important point to remember is that the value of your investment can go down as well as up and you may not get back the amount you put in. You can find more details about this and other risks in the relevant Key Features Document.

Tax advantages

The International Portfolio Bond has the advantage of being tax efficient in a number of ways. Please speak to your financial adviser for more information on the tax benefits

Speak to a Financial Adviser

Call your financial adviser to top up, change investment funds , make withdrawals, any other changes or to find out about your bond.

call 0345 528 0655, or if calling from abroad +44(0)131 608 1767 call 0345 528 0655, or if calling from abroad +44(0)131 608 1767

Monday to Friday, 9am to 5pm

Calls may be monitored or recorded. Calls will be charged at your international call rate.

The Prudential International Investment Bond is a medium to long-term (around five to 10 years) investment bond which enables you to invest in a range of investments with the potential for growth. It allows you to take tax-efficient withdrawals, while providing an element of life cover. 

This product is provided by Prudential International who are based in Dublin so they offer flexibility along with a wide range of investment choice. Investments with Prudential International grow largely free from tax which could result in a potentially higher return than investments in UK-based funds.

Please note that this isn’t guaranteed and there is the potential that you might not get back the amount you put in.

Important Information 

Access to the Prudential PAC Sterling, PAC Euro and PAC US Dollar With-Profits Funds is no longer available to new customers investing in the Prudential International Investment Bond on or after 11/09/2017.

However, if you are an existing customer pre 11/09/2017, you will still be able to top up or switch into the Prudential With-Profits PAC Sterling, PAC Euro and PAC US Dollar Funds.

Reference to With-Profits on this page is only applicable to policyholders pre 11/09/17. 

What is Offshore?

Offshore is a common term that is used to describe a range of locations where companies can offer customers growth on their funds that is largely free from tax. This includes "true offshore" locations such as the Channel Islands and Isle of Man, and other locations such as Dublin - where Prudential International is registered. Tax treatment can vary from one type of investment to another, and from one market and location to another.

Offshore products are perhaps most commonly thought of as offering tax advantages for higher rate tax payers but there are also a number of other aspects that potentially make them attractive for a wide range of customers. 

• You can start investing – with a minimum of £20,000 and any additional top ups must be at least £15,000.
• Choose your currency – if you wish to invest and take withdrawals, there’s a choice of investment currencies, to suit your particular circumstances.
• There is a wide range of investments to choose from - you'll have access to our:

Multi-asset funds and the PruFund range of funds.
• Five Risk Managed Active and two Risk Managed Passive funds targeting different levels of risk and potential return and our unique combination of experts - M&G Treasury and Investment Office (T&IO) formerly known as PPMG for asset allocation and Morningstar for fund recommendations and selection.
• An additional fund range to complement the Multi-Asset funds which are managed by Prudential and other external fund managers who have been chosen for their investment expertise.
Please note that change in the rates of exchange could also cause the value of your investment, or any income taken, to go down as well as up.

• Flexible options for withdrawing your money – you can take regular or partial withdrawals from your bond at any time. You can set the amount of regular withdrawals and choose how often it is taken, as long as you take a minimum of £75 and leave at least £500 invested in each fund. You can find details of withdrawals in the key features document.
• Inheritance tax planning options – with a wide range of trust options available for use with the Prudential International products.

An important point to remember is that the value of your investment can go down as well as up and you may not get back the amount you put in.

Tax advantages

The Prudential International Investment Bond has the advantage of being tax efficient in a number of ways. Please speak to your financial adviser for more information on the tax benefits.

Speak to a Financial Adviser

Call your financial adviser to top up, change investment funds , make withdrawals, any other changes or to find out about your bond.

call + 353 1 476 5000 call + 353 1 476 5000

Monday to Friday, 9am to 5pm

Calls may be monitored or recorded. Calls will be charged at your international call rate.

The Prudential International Investment Portfolio is an investment bond which enables you to invest in a range of investments with the potential for growth. It allows you to take tax-efficient withdrawals, while providing an element of life cover.

This product is provided by Prudential International who are based in Dublin so they offer flexibility along with a wide range of investment choice. Investments with Prudential International grow largely free from tax which could result in a potentially higher return than investments in UK-based funds.

Please note that this isn’t guaranteed and there is the potential that you might not get back the amount you put in.

What is Offshore?

Offshore is a common term that is used to describe a range of locations where companies can offer customers growth on their funds that is largely free from tax. This includes "true offshore" locations such as the Channel Islands and Isle of Man, and other locations such as Dublin - where Prudential International is registered. Tax treatment can vary from one type of investment to another, and from one market and location to another.

Offshore products are perhaps most commonly thought of as offering tax advantages for higher rate tax payers but there are also a number of other aspects that potentially make them attractive for a wide range of customers. 

• You can start investing – with a minimum of £50,000  and any additional top ups must be at least £15,000.
• Choose your currency – if you wish to invest and take withdrawals, there’s a choice of investment currencies, to suit your particular circumstances.
• There is a wide range of investments to choose from - you'll have access to our:

• Full Fund Market Choice which is a single premium portfolio bond that allows you to invest in over 1,000 funds, cash deposits and other assets.
• Five Risk Managed Active targeting different levels of risk and potential return and our unique combination of experts - M&G Treasury and Investment Office (T&IO) formerly known as PPMG for asset allocation and Morningstar for fund recommendations and selection.

Please note that change in the rates of exchange could also cause the value of your investment, or any income taken, to go down as well as up.

• Flexible options for withdrawing your money – you can take regular or partial withdrawals from your bond at any time. You can set the amount of regular withdrawals and choose how often it is taken, as long as you take a minimum of £500 and leave a minimum amount in your bond after your withdrawal. You can also withdraw up to 5% per year free from any immediate Income Tax liability. You can find details of withdrawals in the key features document.
• Inheritance tax planning options – with a wide range of trust options available for use with the Prudential International products.

An important point to remember is that the value of your investment can go down as well as up and you may not get back the amount you put in. Withdrawals, including any charges, could also be subject to a Market Value Reduction. You can find more details about this in the key features document.

Tax advantages

The Prudential International Investment Bond  has the advantage of being tax efficient in a number of ways. Please speak to your financial adviser for more information on the tax benefits.

Speak to a Financial Adviser

Call your financial adviser to top up, change investment funds , make withdrawals, any other changes or to find out about your bond.

call + 353 1 476 5000 call + 353 1 476 5000

Monday to Friday, 9am to 5pm

Calls may be monitored or recorded. Calls will be charged at your international call rate.

You should contact a financial adviser for further information or want to apply for a Prudential International product.

Before you decide whether you think if these investment product are right for you, you should read the following documents.

Key Information Document for the International Portfolio Bond

If you invest in this product you should read our Key Information Document, relevant 'Investment Option Document(s)' or Fund Managers own Key Investor Information Document(s) as appropriate. Please note that if the fund manager is not Prudential, you will need to source these documents from the fund manager directly. These include important information which may help you make up your mind.

    International Portfolio Bond    View PDF

    There are 7 Investment Option Documents (IODs) for this product

    View Documents (link to IODS below)

    International Portfolio Bond - CRO    View PDF

    There are 7 Investment Option Documents (IODs) for this product

    View Documents (link to IODS below)

Key Information Document for the Prudential International Investment Bond

Key Information Document for the Prudential International Investment Portfolio

If you invest in this product you should read our Key Information Document, relevant 'Investment Option Document(s)' or Fund Managers own Key Investor Information Document(s) as appropriate. Please note that if the fund manager is not Prudential, you will need to source these documents from the fund manager directly. These include important information which may help you make up your mind.

Are you an existing customer?

If you are an existing customer and looking to make changes to your investment, please contact your financial adviser. They can provide information on:
• making an additional investment (top ups) into your bond,
• changing your investment funds,
• withdrawals,
• any other changes, or to find out more about your bond.

Speak to a Financial Adviser

Call your financial adviser to top up, change investment funds , make withdrawals, any other changes or to find out about your bond.

For contact us details please see relevant product tab above.

Important information

We are not recommending one product over another. We recommend you seek financial advice if you’re unsure about what product could be right for you. The information above is based on our understanding of current taxation, legislation and HM Revenue & Customs practice, all of which is liable to change without notice. For more information please visit www.hmrc.gov.uk.